I invested in a couple of IPO's in the last month and both have lost me money. Wondering if this era of making money in IPO's is over. Either they are crap and no one invests or lots of people invest and their is a rush for exists as soon as it hits an exchange.
You just need more patience.
The development of these coins takes time. E.g. NODE.
They have some really great features (instant transaction speed, different and versatile program language, etc.).
Everybody thinks they will be rich after each IPO.
It might take one to three years before all these coins start taking off, when the masses get interested in crypto.
It took early bitcoin and NXT investors also several month's before they made a fortune.
Also many of them lost fortunes by selling way to early.
The crypto scene is still in it's infancy.
You only lose money when you sell at lower prices than you paid for.
If you hold on them for the long run, you will be rewarded big time.
Off course there are a lot of scams and sh**coins but there also a lot of promising coins that will succeed for sure.